Pejorative term used to refer to the Segway Personal Transporter. No matter how cool some folks may tell you a Segway is, the rider invariably looks like a total dork. Sightings are fairly rare, and are typically in places where attracting attention is the objective; e.g., Trade Shows, Festivals, etc.
Check it out: that dork perched on top of the Sogay scooter thinks it's going to help him get laid. Dream on.